Six European insurance companies agreed to deposit a total of $90 million in an escrow account as proof of their intent to settle claims by Holocaust victims and their heirs. The decision to establish the fund, with $30 million to be paid within the coming weeks and the remaining $60 million by June 1999, came during a marathon 10-hour meeting in London of the newly established International Commission on Holocaust Era Insurance Claims. The executive director of the World Jewish Congress, Elan Steinberg, called the move a “historic achievement to the credit of the insurance companies.”
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
